A leading financial services company in South Africa is seeking an experienced financial professional to lead transaction processing, manage accounts payable and receivable, and ensure compliance with financial regulations. The ideal candidate holds a B.Com degree and has over 5 years of experience in a similar role. Strong knowledge of ERP/SAGE and excellent Microsoft Excel skills are essential. This position offers opportunities for growth and leadership in the finance department.
Qualifications
5+ years of experience in a similar role at a company of similar or larger size.
Experience in calculating Payroll tax and VAT.
Proficiency in Microsoft Office Suite of Products.
Responsibilities
Administer transaction processing for accounts payable.
Prepare and submit VAT and PAYE returns.
Supervise Financial Administrators and support staff.
Skills
Accounts Payable
Accounts Receivable
General Ledger Maintenance
Microsoft Excel
Financial Reporting
Education
B.Com or related finance degree
CIMA/ AGA qualification
Tools
ERP/SAGE
Job description
Transaction processing
Administration and oversight of transaction processing work streams for accounts payable
Interfacing with business units and ensure accurate processing of costs to relevant Business Units and Project Codes
Preparation of journals where required for adjusting entries
Capturing, accounting & reporting for all transactions and accounts
Maintenance of Accounts Payable, reconciliation and managing creditors relationships
Maintenance of Accounts Receivable, reconciliations and managing debtors' relationships
Maintaining fixed asset registers
Payments
Preparing payment schedules and supporting document folders ensuring compliance with group procurement policies
Loading payments on online banking platforms
Liaising with signatories to release payments and answer any questions on payments
PAYE & VAT Administration
Calculating Vat monthly and submission of monthly VAT returns and payment thereof.
Preparation and timeous Submission of PAYE returns and payment thereof.
General
Preparing and maintaining ledger accounts and related activities to produce trial balances for review by the Financial Manager.
Maintaining filing & record keeping system by ensuring that all financial transactions are properly recorded, filed, and reported
Managing monthly TB close
Signing off monthly, quarterly and annually TB packs as required
Monitor cash flow by tracking transactions and regularly reviewing internal reports
Supervise Financial Administrators and support staff
Motivate and lead direct reports
Suggest updates and improvements for accounting systems, including payroll and invoicing
Provide reporting detail to Business
Assisting in audit process via management of audit request and sourcing of required documentation from Business as needed
Capturing, accounting & reporting for all transactions and accounts.
Maintenance of general ledger, including processing of monthly adjusting journal entries.
Requirements
B.Com or related finance degree
CIMA/ AGA qualification would be considered advantageous
5+ years of experience in a similar role at a company of similar or larger size
Experience in calculating and Payroll tax and VAT 201.
ERP/SAGE knowledge advantageous.
Excellent Microsoft Excel skills; and proficiency in other Microsoft Office Suite of Products.